Wind

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Octopus Energy Group has added £3.4 billion worth of renewable energy projects to its portfolio with the acquisition of sister company Octopus Renewables. From June the large retailer will manage Octopus Renewables’ European portfolio of more than 300 green assets under new business arm Octopus Energy Generation. Chris Hulatt, co-founder of Octopus Group, the parent company of both businesses, said he hoped the move would unlock a “multitude of new investment opportunities”.
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Crown Estate Scotland has raised the maximum option fees for its ScotWind offshore wind leasing round by ten-fold to £100,000/km². The decision follows a review of the arrangements that was launched after the winners in the Crown Estate’s fourth offshore wind leasing round for England and Wales agreed to pay option fees initially worth £879 million per year for almost 8GW of capacity its first competitive bidding process.
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Latest in Wind

Decc is gambling that EMR - particularly measures to support new nuclear - will clear state aid rules. Paul Brennan and Hilda O'Connor are not so sure.
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Energy companies, European parliamentarians and NGOs in Brussels earlier this week signed a joint declaration calling on the European Union and its member states to pass laws and budgets underpinning the construction of a transmission supergrid by 2050.
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The Gas Forum's new managing director David Cox is adamant that gas supplies are plentiful, and that Ofgem's Code Review could damage the industry. He talks to Trevor Loveday.
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Norwegian utility Statkraft's trading update for the last quarter of 2011 makes interesting reading.
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